Quindell Share Discussion Threads

[juicin drumroll] 18/3/2015 16:49

I already know whether Ben Harrington's story was correct or not. Don't you?

No comment or apology on being caught spreading lies again Steamy?

[elcapital] 18/3/2015 16:24

He isnt too happy. TW said it was first time it had been down in 2 years and a tweeter said it was down yesterday. He was told to Foreign Office! !!

[jonc] 18/3/2015 16:21

Maybe replaced the hard drive with a pizza.

[jonc] 18/3/2015 16:20

Cheers Elcap.

[ozzmosiz] 18/3/2015 16:19

TWs rimmer

[elcapital] 18/3/2015 15:58

TW just tweeted it is the fault of someone there, its not an attack

[jonc] 18/3/2015 15:51

Has shareprophets site been under a DNS attack for the last few days as it has been very difficult to access.

[andy] 18/3/2015 15:50

Nicky Name 18 Mar'15 - 11:58 - 9115 of 9123 0 0

both parties had to clarify their positions for their respective shareholders

how long have you been investing in equities?

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Errrr, shouldn't they both be singing from the same hymn sheet?

I'm a rank novice, 20 years, unlike a shrewd value investor like yourself who no doubt has a millenia in the markets,

[elcapital] 18/3/2015 15:17

If you dont understand what that means steamy, just say. I will make it easier as you may be blinkered in reading the bad bits.

Here is the clue:

" Advice in relation to the Company's main accounting policies (in particular revenue recognition in the Professional Services Division) is being further considered and no conclusions have been reached."

[elcapital] 18/3/2015 15:13

Steamy (nickyname) thinks all is well with PWC. He needs to understand RNS language:

"The Independent Review is ongoing and has taken longer than originally anticipated given the high level of corporate activity of the Group. Advice in relation to the Company's main accounting policies (in particular revenue recognition in the Professional Services Division) is being further considered and no conclusions have been reached. The Board now expects that the Independent Review will be completed in the next few weeks and shareholders will be updated as appropriate as to its findings"

[juicin drumroll] 18/3/2015 15:12

Steamy,

It was "city sources" Ben Harrington cited as his source for the £640M pie in the sky ST story!



You never had any issues with the veracity & insight of these vague "city sources" when quoted by BH. Why the change of heart?
LOL
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As you well know we have dealt with the "Bust before Xmas" / "0p by Xmas" lie definitively only recently on these ADVFN threads when another serial bull liar, MALCOLMMM, tried to slip it into the conversation as fact.

You know full well it is a lie made up by & trotted out by cult member bulls. I can only assume you are dragging it up again intending to mislead the naive mugs & new punters and sucker in some new mug money.

Please have the decency to acknowledge your attempt to misinform the boards & apologise.

[nicky name] 18/3/2015 15:10

looks to me like Slater and Gordon has had a good old 'review'

and it likes what it can see dasv

[dasv] 18/3/2015 14:52

Yes Swinton story turned out not to be true. Is there anything else which is factually incorrect?

Plenty of evidence for bears: companies house, RNS's, analyst notes etc. (well there used to be analyst notes: the one of importance is Canaccord's resignation note) from last year.

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What’s new?

The events over the last few weeks culminating in the resignation of Rob Terry, founder and Chairman, from the Board have forced us to re-appraise our investment thesis. We place our rating and target price Under Review (previously Buy, 362p).

Impact on the Canaccord Genuity view

The premise of our Buy recommendation on Quindell was primarily based on the company delivering against its adjusted operating cash flow targets of £30-40m in H214 and up to £100m in H115. Quindell has met or exceeded its quarterly adjusted operating cash flow targets in the first nine months of the year. However, the events over the last few weeks have greatly reduced our visibility on Quindell’s ability to deliver on these goals. With the exit of Rob Terry from the Board, David Currie is now the non-Executive Interim Chairman tasked with finding a credible new Chairman and more crucially communicating a strategy to restore investor confidence. We believe that the immediate task is for senior management to stabilise the business and limit attrition among customers and employees. Beyond this we would anticipate that David will need to carry out a comprehensive Business Review focusing on wide ranging topics such as the rationale for the current Group structure, appraisal of the current accruals process (particularly around NIHL claims), goodwill impairment tests and a working capital review.

Valuation

Due to the uncertainty on future direction of the business, we place our recommendation and price target Under Review.

[dasv] 18/3/2015 14:49

lucy - the QPP bull who recommends cannibalism/murder for dissenters.

" lucy 17 Mar'15 - 20:17 - 31115 of 31159 4 0

Nicky
He will be a bit tough and old I think. Best to slice and dice these small fry and stick on a hook to catch a bigger fish. I am longing to see TW slowly turning on a spit one of these fine days. He is the the most vile and abhorrent character I have ever come across.

Night all."

[elcapital] 18/3/2015 14:49

I only use one name. Its VERY hypocritical for you to make these comments steamy!

[nicky name] 18/3/2015 14:39

FCA needs to make ADVFN hand over account linked to certain user names

it would be very interesting to see who is who LOL

an awful lot of 'names' have an uncannily similar style

[nicky name] 18/3/2015 14:36

they appear to be pretty coordinated from 'their' behaviour
on these boards

[r_bedding] 18/3/2015 14:10

As if by magic they attack as if one!

[elcapital] 18/3/2015 13:29

You are wrong, steamy. I am not TW, not part of any "gang" and not being paid. I am talking my book, which will mean I will be bearish. It does not follow that there is only one bear in the world of qpp!

[nicky name] 18/3/2015 13:26

I am not steamy

but I have no doubt whatsoever, that you are the Blagger

or certainly part of a coordinated shorting campaign imo

the FCA needs to wake up

and have a look at your campaign on these boards and scare prophets, and any possible links with the hedge fund manipulation of the book

[elcapital] 18/3/2015 13:23

You are steamy